Vice President Kashim Shettima, disclosed this on Tuesday in a speech to mark the 2023 World Micro Small and Medium Enterprises (MSMEs) Day.
Shetttima said: “On this World MSME Day, the government of President Tinubu recognizes the vital role that Micro, Small and Medium Enterprises (MSMEs) play in driving economic growth, creating jobs, and promoting innovation.
“We remain committed to providing support, fostering an enabling environment, and improving access to finance for MSMEs, especially in these unprecedented timtimes.”
He urged all stakeholders to come together to champion the growth and success of MSMEs to achieve sustainable development for all.
“While we also recognize the plethora of issues that face MSMEs as a result of the subsidy removal, however the government is working urgently to ensure quick access to single digit loans for Nigerian small businesses within the shortest time possible”, the Vice President added.